Chubb News

Chubb Disowns Syria ‘Adjusters’ After SEC Inquiry

Chubb Corp. has distanced itself from insurance adjusters in Sudan and Syria after a U.S. Securities and Exchange Commission inquiry into business in nations blacklisted by the U.S. because of terrorism ties. The third-party adjusters who examine marine claims are …

Claim Spotlight: Let’s Play Ball – Again!

There are worse things in the world than lake effect snow and the polar vortex, but it’s hard to imagine what they might be when you’re driving from Hartland, Wis., to Comstock Park, Mich., to survey the damage that fire …

Chubb Offers Tracking Service to Thwart Contractors’ Equipment Theft

“Contractors’ equipment is more than twice as likely to be stolen than damaged or lost due to vandalism, fire, collision or weather-related events,” said Bob Opitz, vice president and worldwide inland marine manager for the Chubb Group of Insurance Companies. …

Clean Tech Firms Vulnerable to Global Business Risks, Chubb Study Finds

Many clean tech companies may not be paying enough attention to managing the risks of sourcing components and sending goods and employees across borders, a new study from Chubb Group found. According to the Chubb 2012 Clean Tech Industry Survey, …

Chubb Expects Up to $240M in 2nd Quarter Cat Losses

The Chubb Corp expects to report $200 million to $240 million in catastrophe losses for the second quarter, before taxes, due to severe hail and wind storms in the U.S., the insurer said on Tuesday. The charges amount to 48 …

Gender Shift in Company Claim Departments

There was a time not long ago when most everyone working in claims were men, but current statistics and leadership programs are proving that’s no longer true, at least in the case of large insurers that include female leadership programs …

Chubb Helps Insureds Protect Confidential Data on Mobile Devices

Chubb Group of Insurance Companies is helping its customers manage the threat to intellectual property and other confidential information stored on mobile devices. Chubb will now reimburse its cyber liability insurance customers, where permitted, as much as one-half the cost …

Chubb Q3 Disaster Losses Up to $475 Million

Property insurer Chubb Corp Wednesday warned it would report up to $475 million in pretax catastrophe losses in the third quarter, most of it coming from late August’s Hurricane Irene. Chubb said $300 million to $375 million of the $400 …

Report Helps Companies Identify Loss Trends

Global Loss Run Reports, that assist companies in quickly identifying emerging loss trends so they may take corrective measures, are now being offered to Chubb customers for controlled master programs and admitted property, casualty and professional liability policies. Chubb’s Global …